Sunday, April 12, 2020

Credit growth, lowest in 58 years with more than a third growth in last fortnight

After recording a very tepid growth on the back of weak demand throughout the year, bank loans surged rapidly in the last three fortnight to end the financial year at 6.1 per cent growth with outstanding bank credit at Rs 107.3 lakh crore as of end March 27.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VjRwXa

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